Apr 8 2013 | 10:45am ET
William Ackman offered a candid take on two of Pershing Square Capital Management's biggest investments on Friday, telling an investment conference that he was "surprised" by the opposition to his claim that Herbalife is a pyramid scheme and saying his hand-picked CEO at J.C. Penney has been "very close to a disaster."
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…